Looking for retest of Tenkan and Kijun.
Although there is a lot of work to be done. In order to flip bullish again on the daily price would have to rip through the 200MA, cloud, tenkan, and kijun.
There is a good chance that the retest of the region 44-51k would likely result in price moving down to retest 30k region.
Be careful out there. Might be a relief rally/ bull trap.
Although there is a lot of work to be done. In order to flip bullish again on the daily price would have to rip through the 200MA, cloud, tenkan, and kijun.
There is a good chance that the retest of the region 44-51k would likely result in price moving down to retest 30k region.
Be careful out there. Might be a relief rally/ bull trap.
Note
purple- kijunblue - tenkan
Sorry for the mistake
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.